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key role since the 2008 FSAP: (i) the financial sector has grown significantly; (ii) regional banking groups have become … percent of banking assets at end-2020, are almost triple the level observed in 2004. These changes have altered the structure … macroprudential policy and banking supervision frameworks …
Persistent link: https://www.econbiz.de/10015060077
The limited development of markets in the region represents a key risk factor for financial stability. 1 Since the previous Financial Sector Assessment Program (FSAP) in 2008, the bank deposit base has increased from 18 percent to 30 percent of gross domestic product (GDP) and the buoyancy of...
Persistent link: https://www.econbiz.de/10015060157
insufficient to significantly improve income per capita. While macroeconomic stability has been maintained, with moderate inflation …
Persistent link: https://www.econbiz.de/10012677899
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409081
detecting financial sector vulnerabilities, setting up targeted banking sector monitoring, imposing preventive measures, and …
Persistent link: https://www.econbiz.de/10015060158
The Financial Sector Assessment Program (FSAP) was conducted amid an economic rebound two years into the COVID-19 pandemic that had a limited impact on the financial sector. Several member states have experienced political instability, with coups in Burkina Faso and Mali leading to economic...
Persistent link: https://www.econbiz.de/10015060437
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The WAEMU has seen strong growth and rising living standards over the past decade. Economic growth averaged 5.4 percent in 2013-2019 and 5.8 percent in 2021-2023. Policy efforts from regional and national authorities have cushioned the impact of several external and internal shocks, prompting a...
Persistent link: https://www.econbiz.de/10015058502
Military coups that occurred in Guinea-Bissau and Mali caused economic disruption in the WAEMU countries. Regional policies have been in line with the recommendations, and growth is expected to remain robust, risks are on the downside, and the macroeconomic policy is appropriate. Preserving debt...
Persistent link: https://www.econbiz.de/10014409412